Economic news and events


UK home buyer mortgage approvals slumped to six-month low in August

The number of mortgages given the go-ahead to home buyers slumped to a six-month low in August, while approvals for remortgaging were at the lowest...

Fri, 29/09/2023 - 11:44


UK house sales fall by 16% in August amid increase in mortgage rates

The number of house sales fell by 16% in August compared with the same month a year earlier, according to provisional HM Revenue & Customs...

Fri, 29/09/2023 - 10:17


TOP NEWS: UK economy’s second quarter growth unchanged at 0.2%

UK gross domestic product is estimated to have increased by 0.2% in the second quarter of the year, the Office for National Statistics said on...

Fri, 29/09/2023 - 07:20


UK energy price cap to fall amid concerns households will pay more

A fall in Ofgem’s energy price cap takes effect this weekend amid concerns UK households could still end up paying around 13% more than last...

Fri, 29/09/2023 - 05:10


UK car production down 10% in August after months of growth

UK car production fell by almost 10% in August, following six consecutive months of growth, new figures show.

A total of 45,052 models rolled off factory...

Thu, 28/09/2023 - 05:07


National Grid says risk of lights going out this winter has fallen

The risk of the lights going out in the UK has fallen ahead of this winter and is almost back to the pre-energy crisis normal,...

Thu, 28/09/2023 - 05:06


Ireland retail sales down in August on month and annual rise slows

Ireland retail sales declined slightly in August from July, with the biggest decreases seen in motor trade and furniture & lighting, according to new data...

Wed, 27/09/2023 - 11:59


Germany and UK hope to cooperate in green hydrogen production

Germany and the UK want to cooperate more closely in the development of green hydrogen in the lead up to a hydrogen conference scheduled for...

Tue, 26/09/2023 - 08:59


TOP NEWS: UK water companies to return £114 million to customers

The UK Water Services Regulation Authority announced on Tuesday that water and wastewater companies in England and Wales will have to return £114 million to...

Tue, 26/09/2023 - 08:53


UK tech secretary aims for deal over AI safety ‘smoke alarm’ at summit

An ‘agreement across nations’ on the safe use of artificial intelligence will be a key aim of the UK’s AI Safety Summit, the technology secretary...

Mon, 25/09/2023 - 14:37


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